Mortgages
My Thoughts On Real Estate Investing…
Your financial objectives should drive your decision. As a general guideline you need to determine your long term financial goals first and then structure your investments to help you achieve your goals. If you are thinking about whether you should keep your current home and rent it out and then buy another in my opinion is putting the cart before the horse. Determine your goals first and then see if the rental property is worth while.
Mortgage Update #2
I called my bank to increase my weekly payments by 5.3% and the change was made immediately. The person on the other end of the phone told me that few people ever call to increase their payments. Most call to decrease them.
Mortgage Update May 2008
I thought that since I promoted a method of paying down my mortgage faster I should give regular updates on my progress.
Signs of Financial Trouble
The onset of financial trouble is some times obvious: The loss of a job, fire, or accidents can put financial strain on the best of us. However, there is a number of warning signs that can appear that we may not recognize and are self inflicted.
Simple Strategies to Pay Off Your Mortgage
One of your largest investments is the home you live in. The advantage of home ownership is in the equity you build into your home. The impact is twofold: First you are reducing the amount you owe the bank and thereby increasing the amount of value you can eventually extract. Second, the value of your [...]
